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Suppose that Chinese monetary policy makers want to maintain Chinese currency, yuan, undervalued in order to promote her exports . Assuming it is true, explain

Suppose that Chinese monetary policy makers want to maintain Chinese currency, yuan, undervalued in order to promote her exports . Assuming it is true, explain what Chinese government needs to do in order to maintain their currently undervalued official exchange rate. Also, explain the effect of keeping yuan undervalued on the Chinese money supply and inflation.

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